Atacama Resources International Inc (PK:ACRL)

Business Focus: Management Consulting Services

Sector:  Industrials Industry:  Business Support Services
See Regulatory Filings on SEC
Company Contact
Address: 10820 68th Pl
KENOSHA WI 53142-8314
Tel: N/A
IR: See website
Key People
Business Overview
Atacama Resources International, Inc., formerly Arrakis Mining Research, Inc., is an operating company that provides consulting services to companies and individuals participating in the mining industry, manages actual mining operations, and owns and sells smartphone applications. The Company holds precious metal properties in the Kirkland Lake region in Ontario, Canada. The Company's mining interests include approximately 40 claims in approximately 1,680-acre mine in the high mineral content Kirkland Lake area of Ontario. The Company, through Good2Drive, Inc., develops and owns a smartphone application called Good2Drive for both Apple and Android smartphones that measures the driver's cognitive ability to drive vehicles safely on the nation's highways and byways. The Company is focused on both mining operations in Canada, and managing and selling Good2Drive in both the United States and Canada. The Company has not generated any revenues.
Financial Overview
For the nine months ended 30 September 2017, Atacama Resources International Inc revenues remained flat at $0K. Net loss increased from $804K to $11.1M. Revenues reflect market conditions. Higher net loss reflects Loss on conversion of debt increase from $247K to $649K (expense), Selling, general and administrative expe increase from $15K to $283K (expense), Stock based compensation increase from $0K to $226K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $1.48M as of Sep 30, 2017
Annual revenue (TTM): $0.00M as of Sep 30, 2017
EBITDA (TTM): -$1.46M as of Sep 30, 2017
Net annual income (TTM): -$11.78M as of Sep 30, 2017
Free cash flow (TTM): -$1.76M as of Sep 30, 2017
Net Debt Last Fiscal Year: $0.18M as of Sep 30, 2017
Shares outstanding: 468,512,587 as of Dec 31, 2017
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization